Decatur Real Estate Sees Increase, While DeKalb Plummets
Decatur Metro | January 31, 2009 | 2:52 pmThrow this tidbit into the mix, as we try to determine the direction of Decatur’s real estate market.
From an AJC article on the 27% drop in DeKalb home prices since last year…
[Real estate agent Tal] Kramer noted that there were pockets in metro Atlanta that fared much better than average, with one area – the Cobb County school district that includes highly sought-after Walton High School – even seeing a slight gain in price, of 4.4 percent. Some parts of DeKalb also were up for the year as well, such as the city of Decatur, which also has a highly regarded school system and had an increase in average price of 1.4 percent [vs. year-ago].
You may continue to call me overly optimistic, but when your county is down 27% overall and the city manages a slight increase in its real estate prices that’s not a bad sign.







